Suchergebnisse

Documento el descenso de la tasa de inflación después de la implementación del régimen de Inflación Objetivo (OI) en 14 economías emergentes. Describo brevemente cómo cada país implementó IO y argumento que el nuevo régimen forzó una coordinación de políticas entre varios entes gubernamentales, esto último facilitado por un proceso de toma de decisiones más transparente y con un enfoque más puntual. Esto permitió que los agentes económicos coordinaran mejor sus expectativas induciendo así una reducción en la tasa de inflación. Para los mismos países, también documento la dificultad de acertar a una meta de inflación precisa en un corto período de tiempo. Para mostrar cómo la inflación está determinada por la acción conjunta de las políticas fiscal y monetaria, presento un modelo de coordinación de políticas. ; I document the decline in the rate of inflation in 14 emerging economies after the implementation of an inflation targeting (IT) regime. I briefly describe how each country implements the IT, and argue that the new regime forced policy coordination amongst various governmental units, allowed for a more singular focus, and more transparent policy making process. This allowed agents to better coordinate expectations which precipitated the decline in the rate of inflation. I also document the difficulty with hitting a precise inflation target over a short period of time in the same countries. A model of policy coordination is presented to show how inflation is determined by joint behavior of monetary and fiscal policies.

The congressional investigation into the forced resignations of several U.S. attorneys and the subsequent civil lawsuit by Congress against the president has heightened interest in the doctrine of separation of powers. When the involvement of high‐ranking presidential aides became apparent, the White House responded not only by claiming executive privilege, but also by asserting that the aides were immune from compulsory process and were not required to comply with congressional subpoenas. The declaration represents an attempt to expand the notion of executive privilege from qualified to absolute. Such an expansion is not consistent with either historical practice or the prevailing judicial understanding of executive privilege and the separation of powers.

This report outlines the source of the contempt power, reviews major developments on the case law, and analyzes the procedures associated with each of the three different types of contempt proceedings. The report also discusses the recent investigation by the House Judiciary committee that has resulted in votes for criminal contempt of Congress and the filing of a civil lawsuit to enforce congressional subpoenas.

This report contains an overview of the major procurement agreements to which the United States is a party, including the World Trade Organization (WTO) Agreement on Government Procurement, the procurement chapter of the North American Free Trade Agreement (NAFTA) and provisions from other free trade agreements.

The Department of Homeland Security has proposed security regulations for chemical facilities, implementing the statutory authority granted in Homeland Security Appropriations Act, 2007. The proposed regulations require chemical facilities possessing amounts and yes of substances considered by the DHS Secretary to be hazardous to notify DHS and undergo a consequence-based screening process. This report details the proposed regulations issued by the Department of Homeland Security, key issues, and policy options related to chemical facility security.